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Market Data as of August 31, 2026

Chartwell Place II — Rental Market Data

2628 McCowan Rd, Scarborough, Ontario M1S 5J8
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,750/mo
Date Leased: May 21, 2026
Rent psf$2.75/sf
Turnover Velocity21 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed1998
Total Suites129
DeveloperMonarch Group

Chartwell Place II is a residential community located in Scarborough, Ontario. Completed in 1998, the property features an estimated 129 suites. The building currently features no active rental listings on record as of August 31, 2026.

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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,750/mo
Date LeasedMay 21, 2026
Rent psf$2.75/sf
Turnover Velocity21 Days
Active Inventory Status0 Available

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-301275010002.75N/A
2026-05-011275010002.751
2026-05-021275010002.752
2026-05-031275010002.753
2026-05-041275010002.754
2026-05-051275010002.755
2026-05-061275010002.756
2026-05-071275010002.757
2026-05-081275010002.758
2026-05-091275010002.759
2026-05-101275010002.7510
2026-05-111275010002.7511
2026-05-121275010002.7512
2026-05-131275010002.7513
2026-05-141275010002.7514
2026-05-151275010002.7515
2026-05-161275010002.7516
2026-05-171275010002.7517
2026-05-181275010002.7518
2026-05-191275010002.7519
2026-05-201275010002.7520

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Chartwell Place II reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-171275010002.7521

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Comparing rental asking rates and price-per-square-foot ($/SF) at Chartwell Place II with 6 tracked residential buildings in the immediate vicinity.

2627 McCowan Rd, Scarborough

Avg Asking$2,235/mo
Avg $/SF$3.03
Rent Spread:
N/A

5001 Finch Ave E, Scarborough

Avg Asking$2,530/mo
Avg $/SF$2.78
Rent Spread:
N/A

5039 Finch Ave E, Scarborough

Avg Asking$2,470/mo
Avg $/SF$3.15
Rent Spread:
N/A

30 Thunder Grve, Scarborough

Avg Asking$2,550/mo
Avg $/SF$2.68
Rent Spread:
N/A

99 Brimwood Boulevard, Scarborough

Avg Asking$3,000/mo
Avg $/SF$1.76
Rent Spread:
N/A

5235 Finch Ave E, Scarborough

Avg Asking$2,493/mo
Avg $/SF$3.01
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Chartwell Place II compare to neighbouring buildings within Scarborough North?

At $0/month ($0.00/SF), Chartwell Place II maintains a competitive market position compared to surrounding properties.

Does Chartwell Place II offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

How do building age, amenities, and developer reputation impact rent spreads?

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Chartwell Place II and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Chartwell Place II.

Building Amenities

  • Concierge & Security
  • Indoor Pool
  • Sauna & Steam Room
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Games & Billiards Room
  • Car Wash Bay
  • Garden & Courtyard
  • Hot Tub & Jacuzzi

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Chartwell Place II.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.